The case involves an application under CP(IB) 217 of 2020 before the National Company Law Tribunal (NCLT), Ahmedabad Bench. The Operational Creditor filed a petition, and subsequently, a settlement was reached between the parties.
The Operational Creditor, represented by Mr. Krishal Patel, filed an IB petition. Subsequently, a settlement was reached between the Operational Creditor and the Corporate Debtor. As a result of the settlement, the Operational Creditor filed a pursis requesting the withdrawal of the IB petition. The NCLT, Ahmedabad Bench, granted permission for the withdrawal, allowing the Operational Creditor to revive the petition if the settlement fails. The petition CP(IB) No. 217 of 2020 was disposed of as withdrawn.
Sign in to view the parties.
Hearing held before the…
Learned Counsel of the Operational Creditor…
The case involves an application under CP(IB) 217 of 2020 before the National Company Law Tribunal (NCLT), Ahmedabad Bench. The Operational Creditor filed a petition, and subsequently, a settlement was reached between the parties.
The Operational Creditor, represented by Mr. Krishal Patel, filed an IB petition. Subsequently, a settlement was reached between the Operational Creditor and the Corporate Debtor. As a result of the settlement, the Operational Creditor filed a pursis requesting the withdrawal of the IB petition. The NCLT, Ahmedabad Bench, granted permission for the withdrawal, allowing the Operational Creditor to revive the petition if the settlement fails. The petition CP(IB) No. 217 of 2020 was disposed of as withdrawn.
Hearing held before the…
Learned Counsel of the Operational Creditor…